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M&A

NOBINA

Acquired by

BASALT INFRASTRUCTURE PARTNERS

SWEDEN Transport & Logistics EV [1b EUR - 100b EUR] 12/2021

Target

NOBINA

Acquirer

BASALT INFRASTRUCTURE PARTNERS

Context

Basalt Infrastructure Partners launched a public takeover bid for Nobina, delisting the company from the Nasdaq Stockholm. The offer priced at SEK 108 per share represented a significant premium. Basalt aims to support Nobina's long-term growth and transition to electric fleets as a private owner.

NOBINA, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the 11.1x average currently observed in the Business Services sector.

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

The largest public transport service provider in the Nordic region (Sweden, Norway, Finland, Denmark). It operates a fleet of approx 4,000 buses and provides scheduled bus services under contract with public transport authorities.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2020
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2019
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Other operations with NOBINA

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.